Thursday, 18 December 2014
Last updated 11 hours ago
Oct 20 2008 | 1:15pm ET
NewAlpha, a French alternative investments incubation shop, has entered into its eleventh seeding agreement, a US$50 million investment in a portfolio managed by Concerto Asset Management.
Concerto, based in Charlotte, N.C., is a multi-strategy shop with a focus on the U.S. corporate credit asset class. The firm is headed by CEO and chief investment officer Julie Bouhuys, who most recently as head of fixed-income credit products at Wachovia Corp.
The firm will invest primarily in U.S. leveraged loans and distressed investments, but its investment scope may also incorporate other credit asset classes. Its investing style balances fundamental credit analysis, relative value analysis and active portfolio management.
NewAlpha was established in 2003 by the ADi group, an independent French alternative fund manager founded in 1998 by Erich Bonnet and Christophe Bourret. It has currently approximately US$400 million under advisory.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.